Post-Corona Economy

For stuff that is general.
Leisher
Site Admin
Posts: 70568
Joined: Thu May 20, 2004 9:17 pm
Contact:

Post-Corona Economy

Post by Leisher »

"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

Leisher wrote: Thu Jan 20, 2022 1:02 pm Tech stocks are "correcting"
They already corrected. But, I mean, that takes prices back to all of October 2021.

But this is part of the interest rate yield climbing. Valuations drop when risk free rates of return go up.
It's not me, it's someone else.
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

TheCatt wrote: Tue Jan 18, 2022 4:59 pm I feel like the march upwards is inevitable. Obviously there's a billion factors, but all equal, with just the Fed and the economy in the mix, rates are way below where they should be.

An interesting study came out recently showing how badly 10 year yields have lagged real inflation for the past 40+ years.

Basically, the yields right now are saying "Yeah, inflation is hot (7%), and growth is good (3%), but they will both end in one year"
Interest rates are down 15 basis points, but stocks are also down. Crypto also way down. People are going "risk off" or think Russia's going to invade and fuck it all up.
It's not me, it's someone else.
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

This dude is more bearish than I am https://markets.businessinsider.com/new ... pto-2022-1
It's not me, it's someone else.
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

Stocks are sadder today. Especially tech stocks, which are closing in on bear territory.
It's not me, it's someone else.
Leisher
Site Admin
Posts: 70568
Joined: Thu May 20, 2004 9:17 pm
Contact:

Post-Corona Economy

Post by Leisher »

TheCatt wrote: Mon Jan 24, 2022 10:16 ambear territory
Image
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

It's not me, it's someone else.
GORDON
Site Admin
Posts: 56735
Joined: Sun Jun 06, 2004 10:43 pm
Location: DTManistan
Contact:

Post-Corona Economy

Post by GORDON »

If that's the same thing I read yesterday, they're at-will employees, too.

One of the people released a letter the hospital sent out, how the other hospital put lives in danger by headhunting in their company/poaching. The guy said no, he took a better job, told all his friends and the first hospital, and they all left voluntarily.
"Be bold, and mighty forces will come to your aid."
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

TheCatt wrote: Mon Jan 24, 2022 3:16 pm Hospital hires group of workers from other hospital; The other hospital sues; Judge gives them a temporary injunction.

Wtf? So if you can't match pay + benefits, just sue?
Apparently resolved, and the people can all take their new jobs tomorrow.
It's not me, it's someone else.
Leisher
Site Admin
Posts: 70568
Joined: Thu May 20, 2004 9:17 pm
Contact:

Post-Corona Economy

Post by Leisher »

Stocks still sliding.

Nice to see the cryptos taking a beating though.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

Market was up a few hundred points, then The Fed spoke and we're down a few hundred instead. Interest rates climbing again some.
It's not me, it's someone else.
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

It's not me, it's someone else.
GORDON
Site Admin
Posts: 56735
Joined: Sun Jun 06, 2004 10:43 pm
Location: DTManistan
Contact:

Post-Corona Economy

Post by GORDON »

Oooohhhh no. We decided long ago that all changes in the first 2 years were thanks to the last president.
"Be bold, and mighty forces will come to your aid."
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

GORDON wrote: Thu Jan 27, 2022 10:47 am Oooohhhh no. We decided long ago that all changes in the first 2 years were thanks to the last president.
No, we decided that president doesn't mean shit.
It's not me, it's someone else.
GORDON
Site Admin
Posts: 56735
Joined: Sun Jun 06, 2004 10:43 pm
Location: DTManistan
Contact:

Post-Corona Economy

Post by GORDON »

Goddammit. My eyes just fell out because I rolled them so hard. Harder than anyone has ever eyerolled in the history of mankind.
"Be bold, and mighty forces will come to your aid."
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

It's not me, it's someone else.
Leisher
Site Admin
Posts: 70568
Joined: Thu May 20, 2004 9:17 pm
Contact:

Post-Corona Economy

Post by Leisher »

TheCatt wrote: Tue Feb 01, 2022 11:42 am There are a shit ton of jobs available.
Nobody wants them.

It's a mix of:
-People not wanting to work in a pandemic
-People demanding more in wages and benefits
-People being told nonstop that they're worth more and they should hold out until they're management
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

How bad is the car supply chain? This was an ad I got today.

Image
It's not me, it's someone else.
GORDON
Site Admin
Posts: 56735
Joined: Sun Jun 06, 2004 10:43 pm
Location: DTManistan
Contact:

Post-Corona Economy

Post by GORDON »

egg noodles still aren't in stock, just like they weren't in Soviet Russia in 1979.
"Be bold, and mighty forces will come to your aid."
TheCatt
Site Admin
Posts: 57757
Joined: Thu May 20, 2004 11:15 pm
Location: Cary, NC

Post-Corona Economy

Post by TheCatt »

GORDON wrote: Wed Feb 02, 2022 10:37 am egg noodles still aren't in stock, just like they weren't in Soviet Russia in 1979.
I mean, you shouldn't eat those anyway
It's not me, it's someone else.
Post Reply